Concerned over the rise in mis-selling of products by banks and non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) is examining whether to come up with norms to curb such practices. Observing that pushing financial products, such as insurance, indiscriminately to unaware consumers may be detrimental to their well-being, RBI Deputy Governor M Rajeshwar Rao said, "We are examining whether it necessitates framing of guidelines to address mis-selling of financial products and services by REs (regulated entities)."
'Prashant Kishor is a businessman before he is a politician, and given that the expected average turnout for JSP candidates is 5,000 to 6,000 votes and since Bihar has a significant number of seats where the margin between the winner and runner-up falls within that range he will capitalise on exactly that to showcase his presence.'
On the basis of her committee's report, the UCC in Uttarakhand established mandatory registration for marriages and live-in relationships, banned polygamy, and provided equal inheritance rights for women.
IT and interest rate-sensitive bank, realty, and auto stocks ended with sharp gains.
The announcement on expansion of CPEC was made following a meeting among Chinese Foreign Minister Wang Yi, his Pakistani counterpart Ishaq Dar and Afghanistan's Acting Foreign Minister Amir Khan Muttaqi in Beijing, according to a Pakistani readout.
The ruling Bharatiya Janata Party on Thursday took a major step to implement its key plank of "one nation, one election" as the Union Cabinet headed by Prime Minister Narendra Modi approved the constitutional amendment bill to roll out the concept of simultaneous Lok Sabha and state assembly polls, sources said.
The court said multi-storey buildings were being allowed to operate but there was no proper drainage.
India's bid to host the 2036 Olympics is not merely an attempt to make a statement internationally but also a well thought out plan to create world-class infrastructure, said Minister of State for Sports Raksha Khadse.
A Haridwar-based community welfare organisation, Divya Prem Seva Mission, will host a series of seven lectures on diverse themes, including one on the contentious subject of simultaneous polls, at its camp at the Maha Kumbh site in Prayagraj. The lecture series, starting on January 12, will also cover topics like Swami Vivekananda's philosophy, India's glorious past, global terrorism, gender equality, and the challenges of privacy and safety on social media. The organization has been involved in philanthropic activities for 29 years and is raising awareness about the discrimination faced by people with leprosy.
Tharoor said if Pakistan were to dismantle the infrastructure of terrorism, "we can talk to them".
Opposition parties on Wednesday opposed the 'one nation, one election' proposal by calling it impractical and a 'cheap stunt' by the ruling Bharatiya Janata Party.
The report is likely to recommend that India adopt the German model of 'constructive no-confidence' which stipulates that the unseating of a government must be immediately followed by the formation of a new one, which will serve out the remainder of the legislative term.
Around 1,000 Nepalese students studying at KIIT were issued suspension notices and asked to leave the campus immediately on Monday following protests after the body of a student, Prakriti Lamsal, was found hanging from the ceiling of her hostel room on Sunday.
The Union cabinet on Wednesday accepted the recommendations of the high-level committee headed by former President Ram Nath Kovind on simultaneous elections.
A day after The Washington Post named an Indian official for allegedly plotting to eliminate Sikh extremist Gurpatwant Singh Pannun, India on Tuesday said the report made 'unwarranted and unsubstantiated' imputations on a serious matter.
We need to equip the Indian Armed Forces, not 'commercial' as Trump wants, but 'operationally' looking at growing Chinese military capabilities, asserts Lieutenant General Prakash Katoch (retd).
The government nominated Tharoor, who serves as chairman of the Parliamentary Standing Committee on External Affairs, to lead one of the seven multi-party delegations abroad for putting across India's stand against Pakistan for supporting terrorism.
In 2019, an all-party meeting was held in Delhi and it was attended by 19 political parties to discuss critical reforms in governance. One of the subjects of the discussions was simultaneous elections
The Congress leader also lamented the exclusion of current Leader of Opposition in Rajya Sabha Mallikarjun Kharge from the committee
The changes suggested include the amendment to the provisions of the Constitution relating to preparation of the electoral roll by the Election Commission of India in consultation with the State Election Commission(s) for the elections to the local bodies (in Article 325).
The Supreme Court of India has reserved its verdict on a plea by BJP leader and former Karnataka Chief Minister B S Yediyurappa challenging an order reviving a corruption case against him. The case involves allegations of corruption and criminal conspiracy related to the allocation of industrial land. The court has framed several key legal questions, primarily focusing on the interplay between various provisions of the Prevention of Corruption Act and the Criminal Procedure Code regarding prior sanction to prosecute a public servant. The court has asked Yediyurappa's counsel to file written submissions within two weeks.
While Shah is a member of the committee, Meghwal is a special invitee.
Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy. With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent.
The Supreme Court referred to a larger bench the legal issues stemming from a plea of BJP leader B S Yediyurappa, including the question whether a prior sanction to prosecute is needed under the Prevention of Corruption Act after a magisterial court order of inquiry. The questions revolve around the interplay between the provisions of the Prevention of Corruption Act and the Code of Criminal Procedure on the issue of prior sanction to prosecute a public servant.
'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'
This article traces the history of the DMK's fight for state autonomy, beginning with C.N. Annadurai's advocacy in the 1960s and culminating in M. Karunanidhi's resolution in the Tamil Nadu Assembly in 1974. The article highlights the key figures involved, the arguments presented, and the impact of the Rajamannar Committee Report.
The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.
While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.
Now AIFF's move to hand the trophy to Churchill Brother, just hours after the CAS order staying the federation's decision to declare the club as champions, could provoke international scrutiny, including from FIFA.
India is taking the allegations regarding the assassination plot of Sikh separatist leader Gurpatwant Singh Pannun in the United States seriously, the White House has said but refrained from commenting on the Federal Bureau of Investigation (FBI) probe into the matter and the criminal case filed by the Department of Justice.
India on Tuesday strongly rejected the claims, saying that the report made "unwarranted and unsubstantiated" imputations on a serious matter and that an investigation into the case was underway.
Reserve Bank on Wednesday cut India's growth forecast to 6.5 per cent from 6.7 per cent estimated earlier for the current financial year on account of impact of global trade and policy uncertainties. Prospects of agriculture sector remain bright on the back of healthy reservoir levels and robust crop production in 2025-26, RBI Governor Sanjay Malhotra said while unveiling the outcome of the first bi-monthly Monetary Policy Committee meeting for the current financial year.
Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.
Sources said the report of the law panel on simultaneous polls is not yet finalised. They said "some more things are required to be done", indicating that the law panel will be invited again by the high-level committee.
A plea in the Supreme Court of India seeks a direction to Delhi Police to lodge an FIR over the alleged discovery of semi-burnt stash of cash from the official residence of Delhi High Court judge Yashwant Varma. The plea challenges a 1991 judgement that prohibits criminal proceedings against judges without prior consent from the Chief Justice of India, arguing it violates the principle of equality before the law. It also seeks to declare the collegium's 3-member committee investigating the incident as having no jurisdiction and calls for action against corruption within the judiciary.
Given the possibilities that next year's assembly elections could throw up, Stalin told the state assembly that an interim report had to be submitted by January 2026. The outcomes may well find its way into the DMK's poll manifesto, thus seeking to keep the electoral focus still on the BJP-ruled Centre and Prime Minister Modi, observes N Sathiya Moorthy.
The family members alleged negligence and foul play, while some doctors suspected that rats might have gnawed the eye.
'You can see both being used in our textbooks already and that will continue in new textbooks'
Two bills that lay down the mechanism to hold simultaneous elections were introduced in the Lok Sabha after a fiery debate on Tuesday, with the opposition terming the move 'dictatorial' and Law Minister Arjun Ram Meghwal asserting that the legislation would not tamper with the powers enjoyed by states.
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